Amid Stubborn Diesel Prices, These Railroad Stocks Eye Breakouts

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Railroad stocks benefit when diesel prices rise because shippers prefer train travel to trucking. CSX, Union Pacific, Norfolk Southern and Wabtec gain. The post Amid Stubborn…

A crop of railroad stocks show bullish signs as diesel prices drive shippers to choose train travel over trucking. Those charts form as a possible $85 billion merger deal takes shape between Norfolk Southern (NSC) and Union Pacific (UNP). Key regulatory developments are expected in the coming week. Railroad Stocks Near Breakout Norfolk Southern added 1%, to above 334, in…

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